Holcim Philippines earns Golden Arrow Award for good governance

Building solutions provider Holcim Philippines, Inc. earned its first Golden Arrow Award, which is given to companies for good practices based on the ASEAN Corporate Governance Scorecard (ACGS) and the Corporate Governance Scorecard.

Companies receive the Golden Arrow Award for observable conformance to the Philippine Code of Corporate Governance and internationally recommended corporate governance practices espoused by the ACGS.

The Institute of Corporate Directors PH conducts the assessment using an 184-question scorecard based on publicly available disclosures on a company's website.

Nicolas George, president and CEO of Holcim Philippines, said, "We are grateful for this recognition, which is another testament to our commitment to conducting business with integrity and creating value for stakeholders with sustainability. This encourages us to continue on our path of delivering performance with integrity for sustained success."